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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (30434)	12/5/1997 9:47:00 AM
From: Tom Trader	Read Replies (2) of 58727

>>just the "idea" of bullish and breaking previous levels given STRONG numbers?!?!?!?! that is where I wanted your opinion<< No opinion, on the level that it may reach -- much depends on the how the bonds behave from this point on. The strength reported in these numbers will be counter-balanced by the perception of the slow-down because of Asia and that may be why the bonds are not down even more. Without worrying about levels that the S&P may reach, Ike is right in that the strength may at least offer some comfort to those who feel that the Asian problem might overwhelm the economy here--and at the same time because of the Asia problem, the Fed is constrained as far as raising rates.

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